Well my discretionary buy value, sell weakness system didn't generating any opening rips or dips off the open, so perhaps we contract for a short while
Can't even get a retrace in this market. NQ is too damn strong. I had the impression we were seeing some attempts at selling this morning, but not going to happen with NQ ripping higher. I'm short @ 17 with a 5 point stop. Targeting 3100 or so on the day. Come get me. Higher time frames look pretty damn bullish here, though, so I will probably regret this.
Riding that Fed liquidity baby Best get long or get the hell out of the way from the look of things. EDIT: BTW you been killing it lately. Nice job man!
So far this looks pretty bullish on the day and poised for a push above 3130. Hit my daily loss limit, so closing down the shop here for today. First losing day in a while, actually. I simply got on the wrong side of the market today and fought the trend and the FED. The 60 minute looks like a rocket. Near vertical rise lately.